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Sat 18 Aug 2018 07:04GMT

Latest Currency Headlines at SendMoney.org.uk

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Pound Sterling to New Zealand Dollar News: GBP/NZD Exchange Rate Rises 0.9% after RBNZ Caution Published: 9 Aug at 5 PM
Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Up 0.9% on GDP Forecast The Pound has struggled against the New Zealand Dollar for most of this week’s trading, but today has seen GBP push through current headwinds and rise by 0.9% in the GBP/NZD pairing. This recovery in demand for the Pound has been partly caused by...
Pound Exchange Rates Drop on Growing ‘No-Deal’ Brexit Fears Published: 7 Aug at 4 PM
Pound Sterling (GBP) Pound Sterling has been in low demand today, falling by -0.3% against the Euro and trading tightly against the US Dollar. There has been little high-impact UK data out this week, so the Pound has instead been affected by growing concerns about the Brexit process. Suggestions that a no-deal Brexit is not only...
Pound Sterling Exchange Rate Volatility Seen ahead of BoE Interest Rate Decision Published: 30 Jul at 5 PM
Pound Sterling (GBP) The Pound has advanced against the US Dollar and a number of other peers today, but has conversely fallen against the stronger Euro. This mixed performance comes as GBP traders consider the odds of a Bank of England (BoE) interest rate hike when policymakers meet on Thursday. Some economists put the odds of a...
US Dollar Exchange Rates Steady Today ahead of US-EU Trade Meeting Published: 25 Jul at 5 PM
Pound Sterling (GBP) Today has seen the Pound make limited movement against the Euro and US Dollar, due to persistent uncertainty about the state of the UK economy. The latest mixed message has come from the Confederation of British Industry (CBI), which has released distributive trade data covering retail activity in July. The...
Pound Sterling Exchange Rates Mixed on Fears of Brexit Rebellion Today Published: 16 Jul at 5 PM
Pound Sterling (GBP) The Pound has fallen against the Euro but traded in a narrow range against the US Dollar today, on a slow start to the week for the UK. The main source of influence on the UK currency has been signs of a potential Conservative Party leadership scuffle over how Brexit is delivered. Last week saw heavy criticism...
British Pound Bullishness Fades on Signs of Brexit's Impact on UK Jobs Published: 5 Jul at 5 PM
Pound Sterling (GBP) On Thursday, the Pound briefly saw stronger demand as investors reacted to a speech from Bank of England (BoE) Governor Mark Carney. Carney appeared optimistic about Britain’s economic outlook due to recent stats and this bolstered market confidence that the bank could be on track to hike UK interest rates in...
Pound Sterling Struggles as New BoE Official Reveals Dovish Rate Hike Outlook Published: 26 Jun at 5 PM
Pound Sterling (GBP) The Pound has fallen by -0.3% against the US Dollar today, in addition to trading tightly against the Euro. This disappointing performance has been caused by remarks from Bank of England (BoE) policymaker Jonathan Haskel, who will be starting work in September this year. Mr Haskel will be replacing hawkish...
British Pound Jumps on Surprisingly Hawkish Vote Split at Bank of England (BoE) Published: 21 Jun at 3 PM
Pound Sterling (GBP) Sterling saw broad and strong gains on Thursday, as investors reacted to a split in votes from Bank of England (BoE) policymakers that economists had not anticipated. While the BoE was expected to leave monetary policy frozen – and ultimately did – more members of the BoE Monetary Policy Committee (MPC) than...
British Pound Climbs on UK Retail While Euro Plunges on European Central Bank Caution Published: 14 Jun at 5 PM
Pound Sterling (GBP) The Pound has had a volatile week, as the latest UK data has given investors a mixed idea of whether a potential 2018 interest rate hike from the Bank of England (BoE) is becoming more or less likely. UK inflation and wage data disappointed investors earlier in the week, but Sterling demand was bolstered by a...
Pound Exchange Rates Decline after Surprise UK Wage Growth Slowdown Published: 12 Jun at 5 PM
Pound Sterling (GBP) The Pound has had a rough day of trading today, having been battered by poor domestic data and trader interest in other currencies. This has led to losses against the Euro and US Dollar, along with most other peers. On the home front, the pace of wage growth in the UK has been reported to have slowed during...

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